Heritage Auctions will offer the coin from January 10-13 during its Florida United Numismatists Show in Orlando.

Lutes knew his coin was rare and held on to it. To save rations, the Treasury Department at the time authorized the US Mint to strike 1943 cents on zinc-coated steel plates, known as planchets, rather than on copper blanks.

Lutes's coin, now verified, will remain on auction until January 10, according to Fox News. After Lutes's health started to decline, he moved to a nursing home.

All proceeds of the sale will go to the Pittsfield Public Library where, auction officials say, Lutes often visited.

He also contacted the Treasury Department about his penny.

It seems that a small number of bronze planchets was caught in the trap doors of the mobile tote bins used to feed blanks into the Mint's coin presses at the end of 1942. The few resulting "copper" cents were lost in the flood of millions of "steel" cents struck in 1943 and escaped detection by the Mint's quality control measures. Lutes died in September 2018 at the age of 87, according to Miller.

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